HSI Index - Worse than the 2008 financial crisis?
The Chinese stock market crash may be worse than the 2008 crisis!
Fundamenta Aspect
Everyone is concerned about the decline in the value of Chinese companies' stock and the resulting decrease in demand for commodities!
Today, selling pressure on Chinese stocks grew. China's major stock index fell to its lowest level since 2008 due to concerns about its relations with Russia and tighter regulators pressure.
The Hong Kong Index of Chinese Companies, a measure of Hong Kong stock prices for Chinese firms, declined by 6.6%. Likewise, the stock prices of Chinese companies dropped sharply the day before yesterday, since July 2015, this has been the largest fall.
Economic sanctions against China are a concern for the market due to China's ties to Russia. Concerns have also been raised about the quarantine of Chinese cities. Analysts are concerned that this time around's financial market catastrophe could be even worse than the one that occurred in 2008.
Fundamenta Aspect
Everyone is concerned about the decline in the value of Chinese companies' stock and the resulting decrease in demand for commodities!
Today, selling pressure on Chinese stocks grew. China's major stock index fell to its lowest level since 2008 due to concerns about its relations with Russia and tighter regulators pressure.
The Hong Kong Index of Chinese Companies, a measure of Hong Kong stock prices for Chinese firms, declined by 6.6%. Likewise, the stock prices of Chinese companies dropped sharply the day before yesterday, since July 2015, this has been the largest fall.
Economic sanctions against China are a concern for the market due to China's ties to Russia. Concerns have also been raised about the quarantine of Chinese cities. Analysts are concerned that this time around's financial market catastrophe could be even worse than the one that occurred in 2008.
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